WOODBANK, HARP HILL, CHARLTON KINGS, CHELTENHAM, GL52 6PU - £760,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WOODBANK is a large extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £760,000 in May 2023, which was around 24% above the average May 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

WOODBANK Sold Prices

Land registry data shows five sales for WOODBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the five WOODBANK sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 11 MAY	£760,000	£612,577	24% above HPI
2016 3 MAY	£680,000	£431,695	58% above HPI
2011 24 AUG	£410,000	£336,772	22% above HPI
1999 16 APR	£159,950	£143,283	12% above HPI
1997 30 JAN	£120,000	£107,857	11% above HPI

WOODBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The five WOODBANK sales between January 1997 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2016 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the May 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is WOODBANK?

WOODBANK is 145m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where WOODBANK lies on this distribution: 65% of detached houses are smaller than WOODBANK, and 35% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

WOODBANK: Plot and Title Map

WOODBANK sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of WOODBANK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WOODBANK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WOODBANK?

WOODBANK is located on HARP HILL in CHARLTON KINGS, in the GL52 postcode district. The below map shows the position of WOODBANK on HARP HILL.